A person whose payment is not yet realized despite its due is unpaid seller. Unpaid Seller has some rights in law in order to secure him from any possible loss. The same are based on the situation whether, the property has been delivered or not.
4. Unpaid Seller
A person who sold his
goods on future
commitment of
payment of price or
over some condition is
termed as an unpaid
seller
5.
6. Rights of Unpaid Seller
- Right of lien
- Right of stoppage of
goods in transit
- Right to re-sale
- Right to withholding
the delivery
- Right to file a suit either
for price or damages